The federal government has disclosed it had signed a Memorandum of Understanding (MoU) with an American firm John Deere where the company would supply Nigeria with around 2000 tractors yearly in the next five years.

The move according to the Minister of Agriculture and Food Security, Sen. Abubakar Kyari is geared towards solving the problem of land preparation and mechanised farming across the country.

The Minister noted that the disparity between total arable land and those available for cultivation is partly due to the unavailability of tractors for farmers.

According to him, “Then the issue of ‘tractorisation’. We have an MoU with John Deere where they are expected to supply 2,000 tractors per year for 5 years, but they are going to sell those tractors under a financing agreement.”